Full Citation

Title: Credit Card Redlining

Citation Type: Journal Article

Publication Year: 2011

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Abstract: his paper evaluates the presence of racial disparities in the issuance of consumer credit. Using a database of credit histories, this paper links location-based information on race with individual credit files. After controlling for place-specific factors such as housing vacancy rates and general population demographics, the paper finds qualitatively large differences in the amount of credit offered to similarly qualified applicants living in Black versus White areas. High data quality allows distinguishing between issuer-provision (supply) and utilization of credit (demand). Additional estimates using information on payday lending provide support for idea that issuers condition lending on location.

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Authors: Cohen-Cole, Ethan

Periodical (Full): The review of economics and statistics

Issue: 2

Volume: 93

Pages: 700-713

Data Collections: IPUMS USA

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Countries: United States